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Nomura Securities Maintains a 'Buy' on Dollar Tree (DLTR); Look Into Distribution Cost

April 19, 2012 9:24 AM EDT Send to a Friend
Get Alerts DLTR Hot Sheet
Price: $54.44 -0.78%

Rating Summary:
    10 Buy, 12 Hold, 0 Sell

Rating Trend: Down Down

Today's Overall Ratings:
    Up: 20 | Down: 27 | New: 8
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Nomura Securities maintains a 'Buy' on Dollar Tree (NASDAQ: DLTR) price target of $100.00.

Analyst, Aram Rubinson, said, "The Street saw sourcing as the greatest challenge to DLTR’s margin formula in 2011. This year, the 2.6% of sales spent on warehousing & distribution (W+D) has drawn more scrutiny, along with ocean freight. Our analysis suggests that DLTR’s W+D costs will likely rise by only 6bps this year, as a percentage of sales. Higher utilization rates on its DCs should prove an ally in partially offsetting diesel."

For an analyst ratings summary and ratings history on Dollar Tree click here. For more ratings news on Dollar Tree click here.

Shares of Dollar Tree closed at $98.54 yesterday.




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